https://www.taxtmi.com/notifications?id=134868 Notification under section 10(46) designates Yamuna Expressway Industrial Development Authority as entitled to tax treatment for specified income: state grants; proceeds and charges from disposal of land, buildings and other properties; interest on bank deposits; and interest/penalties on deferred payments from allottees. The exemption is conditional on non-engagement in commercial activity, unchanged nature of activities and income, prescribed return filing, and an audit report with a chartered accountant's certificate confirming compliance; the notification is given retrospective effect for specified assessment years. en-us Thu, 24 Dec 2020 00:00:00 +0530 Fri, 25 Dec 2020 10:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=134868 Notification under section 10(46) designates Yamuna Expressway Industrial Development Authority as entitled to tax treatment for specified income: state grants; proceeds and charges from disposal of land, buildings and other properties; interest on bank deposits; and interest/penalties on deferred payments from allottees. The exemption is conditional on non-engagement in commercial activity, unchanged nature of activities and income, prescribed return filing, and an audit report with a chartered accountant's certificate confirming compliance; the notification is given retrospective effect for specified assessment years. Notifications Income Tax Thu, 24 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/notifications?id=134868